KTA - TymeDigital

The right Personal Loan For You

  • Free administration and provision fees
  • Anywhere, anytime and only need e-KTP
  • Fast approval process


Product Benefits

KTA TymeDigital is an unsecured personal loan product from Commonwealth Bank that is given to individuals for personal needs such as education tuition fees, medical fees, weddings, home renovations, vacations, and other personal needs.

Product Features

Type of interest rate

Flat interest rates with Fixed Installments

Currency

Rupiah

Loan Limit

Rp10 million to Rp30 million (multiples of Rp1 million)

Installment Payment

Auto debit from Savings Account

Credit Tenor

12 months or 18 months


Check if You are Eligible

Age

21- 55 years old

Domicile

Jakarta, Bogor, Depok, Tangerang, Bekasi, Surabaya, Semarang, Bandung, Yogyakarta, Badung, Denpasar, Palembang, dan Medan

Profession

Employee

Net Income Minimum Rp3.500.000 / month

Citizenship

Indonesian Citizens(WNI)


Self-Identification you need to Apply

  1. National ID Card (e-KTP)
  2. Tax ID Number (NPWP)

Interest Rates

Interest Rate

1.99% flat per month (equivalent to effective interest 3.44% - 3.46% per month, depending on the loan period)


Penalties and Fees

Provision Fees

Free

Administration Fees Free

Late Payment Fees

6% from installment per month

Early Repayment Fees 5% from outstanding loans



Location of the e-Kiosk CommBank:
Find out where the nearest CommBank e-Kiosk is,here

About KTA TymeDigital (FAQ):
Find out more on KTA TymeDigital here


Product Risk:

  • Late installment payments of KTA TymeDigital facilities can have a negative impact on your credit collectability in accordance with the provisions of Bank Indonesia (BI) and / or the Financial Services Authority (OJK) and will be recorded in the Sistem Layanan Informasi Keuangan (SLIK), which can affect application of your credit facilities that are being or will be submitted by you to Commonwealth Bank or other financial institutions.

  • Commonwealth Bank will collect the arrears of KTA TymeDigital facility, including using any services of other parties to collect, or take legal action if necessary.

Installment Illustration

Jumlah Pinjaman Tenor 12 bulan Tenor 18 bulan
(1.99% flat per bulan) (1.99% flat per bulan)

10,000,000

1,032,333

754,556

11,000,000

1,135,567

830,011

12,000,000

1,238,800

905,467

13,000,000

1,342,033

980,922

14,000,000

1,445,267

1,056,378

15,000,000

1,548,500

1,131,833

16,000,000

1,651,733

1,207,289

17,000,000

1,754,967

1,282,744

18,000,000

1,858,200

1,358,200

19,000,000

1,961,433

1,433,656

20,000,000

2,064,667

1,509,111

21,000,000

2,167,900

1,584,567

22,000,000

2,271,133

1,660,022

23,000,000

2,374,367

1,735,478

24,000,000

2,477,600

1,810,933

25,000,000

2,580,833

1,886,389

26,000,000

2,684,067

1,961,844

27,000,000

2,787,300

2,037,300

28,000,000

2,890,533

2,112,756

29,000,000

2,993,767

2,188,211

30,000,000

3,097,000

2,263,667



How to calculate installments / month
Installment / month = Loan + (Flat interest rate / month x Loan Term x Loan) / Time period.

 

Illustration :

  1. Amount of approved loan facilities: Rp20.000.000
  2. Approved loan term: 18 months
  3. Flat interest rates per month = 1.99%
  4. Loan is disbursed on the 10th
  5. Payment installment due date = the 10th of every month (or on the previous business day if the 10th falls on a holiday)

Installments / month = [20.000.000 + (1,99% x 18 x 20.000.000)] / 18 = Rp1.509.111

Illustration of Late Payment Fees:

Late Payment fee / day = (6% x Installment / Month) / 30 days

Example
If the installment payment is made on the 15th (from due on the 10th) 5 days late fee = [(6% x Rp1.445.111)/30 days] * 5 = Rp14.451,11

Installment Payment Method

  1. Your KTA TymeDigital monthly installment payment can only be done with an auto debit facility from your Commonwealth Bank Savings Account
  2. Ensure the installment funds are available in your Commonwealth Bank Savings Account before the installment payment due date

Additional Information and Complaints :

For more information and complaints about KTA TymeDigital products, you may contact: Call CommBank 1500030 or (62-21) 2935 2935 for International Access.

 

Terms and Conditions:
View our KTA TymeDigital terms and conditions here.